Waves Enterprise, a large technology company that specializes in blockchain-based solutions for businesses and governments, has appointed a new partner to improve electronic voting service.

According to the December 16 announcement, Waves Enterprise signed an agreement of understanding with the blockchain platform Ontology to integrate decentralized identity tools into Waves Enterprise’s electronic voting system.

Through the partnership, Waves Enterprise and Ontology are committed to addressing one of the biggest challenges in digital voting – user authentication and identification. The companies specifically plan to implement Ontology’s new decentralized identity solution known as ONT ID.

Artem Kalikov, chief product officer at Waves Enterprise, said Cointelegraph Ontology’s DeID technology will replace other traditional methods such as email checking. “We are now relying on traditional online authentication using registered email,” he said.

Lee Jun, founder of Ontology website, explained that integrating ontology-based electronic voting will require users to first create their ONT ID to link their personal information and credentials. “Then their voting protocols can be traced in a chain that is not deleted,” Jun said.

Jun assured that users’ privacy would not be compromised, as ONT ID is a decentralized organization. However, data such as hash or transaction numbers can still be tracked. Jun added, “Users have the right to choose the specific information they want to share [because] the data is completely theirs.”

According to Kalikhov, Waves Enterprise plans to first integrate the ONT ID as a module. “Initially, our blockchains will likely operate separately,” Kalikov said. Companies could make their blockchain networks compatible in the future.

The news came shortly after Waves Enterprise announced its blockchain voting system in November 2020. Focusing on companies and board management, the system uses the blockchain to securely record every vote without having to reveal the identities of those who vote on the ballot.

This system was pre-tested in Russia during the country’s parliamentary elections in September 2020. Kalikov said the recently released platform was somewhat different from the one used in Russia, as the distribution relied on “Russian cryptography” and other mechanisms for identification and anonymity.

Source: CoinTelegraph

LEAVE A REPLY